OAS Advances Revolver

OAS Advances Revolver

Brazil Loans

Brazil’s Construtora OAS met banks Wednesday in New York to pitch a $150m, 3-year revolving standby facility, according to people following the process, following a meeting in Brazil earlier in the month. The engineering and heavy construction firm is taking commitments through November 14, and is offering a commitment fee of 50bp. There are three tiers of upfront fees, an MLA tier of $30m and 75bp, a co-arranger tier of $20m and 62.5bp, and a lead manager tier of $15m and 50bp. Lead BNP Paribas

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